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Artificial Intelligence (AI)
Groq, a fast-rising startup in the artificial intelligence inference space, has announced two major moves that signal a direct challenge to the dominance of cloud behemoths Amazon Web Services, Google, and Microsoft. The company unveiled support for the massive Qwen3 32B language model — including its unprecedented 131,000-token context window
Media
In a move that marks a significant shift for the world’s most popular messaging app, WhatsApp is officially introducing ads. Meta, WhatsApp’s parent company, announced on Monday that it will begin rolling out advertisements through the platform’s “Status” feature — its Stories-like function where users post disappearing text,
Finance
American Express is making its biggest-ever investment in a card program, signaling a bold move to court younger, high-income customers. On June 16, the company revealed it will be significantly enhancing its Platinum card later this summer or early fall—a move that reflects a calculated strategy to lock in
Artificial Intelligence (AI)
In a landmark move set to reshape Australia’s digital landscape, Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc., has unveiled a massive $13 billion (AU$20 billion) investment plan to bolster its data center operations across the country between 2025 and 2029. This marks the
Energy
Meta has joined the growing wave of tech giants investing in geothermal energy, announcing a partnership with XGS Energy to advance the development of a 150-megawatt geothermal power plant in New Mexico. While the specifics of the plant's location and financial terms remain under wraps, the move reflects
Artificial Intelligence (AI)
Mattel, the powerhouse behind beloved toy brands like Barbie, Hot Wheels, and Polly Pocket, has entered into an ambitious new partnership with OpenAI to bring generative artificial intelligence into the heart of toy-making and entertainment. This collaboration marks the first time OpenAI has teamed up with a toymaker, signaling a
Robotics
Coco Robotics, the Los Angeles-based startup revolutionizing last-mile delivery, has secured $80 million in fresh funding, further fueling its mission to transform urban logistics through zero-emissions robots. The funding round, announced Wednesday, saw participation from returning angel investors Sam Altman and Max Altman, along with prominent venture firms including Pelion
Automotive
General Motors (GM) announced on Tuesday a $4 billion investment across three U.S. manufacturing plants to increase production of both gas-powered and electric vehicles. The move comes as former President Donald Trump’s proposed 25% tariff on imported vehicles threatens to reshape the economics of the American auto market.
Artificial Intelligence (AI)
Vast Data, a fast-growing innovator in AI-optimized data storage, is seeking to raise a new funding round at a sharply higher valuation—targeting as much as $25 billion. This marks a significant leap from its $9 billion Series E valuation secured in December 2023. Though the deal is not yet
Business Insights
OpenAI has reached a major milestone, surpassing $10 billion in annual recurring revenue (ARR), a staggering figure considering it launched its first consumer product, ChatGPT, less than three years ago. The company’s financial performance underscores its rapid ascent as a dominant force in the artificial intelligence industry. The $10
Semiconductors
Qualcomm has announced its plan to acquire Alphawave Semi, a U.K.-based semiconductor company specializing in high-speed data center connectivity, for approximately $2.4 billion. The move signals Qualcomm's strategic push to deepen its presence in the data center and connected computing markets. In a statement, Qualcomm
Artificial Intelligence (AI)
Meta is reportedly in advanced discussions to invest over $10 billion into Scale AI, according to Bloomberg, a move that would mark the social media giant’s largest external artificial intelligence investment to date. The potential deal underscores Meta’s increasingly aggressive AI strategy and could become one of the